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Gerresheimer AG (WBO:GXI) Cyclically Adjusted PB Ratio : 3.22 (As of May. 04, 2024)


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What is Gerresheimer AG Cyclically Adjusted PB Ratio?

As of today (2024-05-04), Gerresheimer AG's current share price is €102.40. Gerresheimer AG's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €31.84. Gerresheimer AG's Cyclically Adjusted PB Ratio for today is 3.22.

The historical rank and industry rank for Gerresheimer AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

WBO:GXI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.75   Med: 3.38   Max: 4.56
Current: 3.17

During the past years, Gerresheimer AG's highest Cyclically Adjusted PB Ratio was 4.56. The lowest was 1.75. And the median was 3.38.

WBO:GXI's Cyclically Adjusted PB Ratio is ranked worse than
65.73% of 464 companies
in the Medical Devices & Instruments industry
Industry Median: 2.13 vs WBO:GXI: 3.17

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Gerresheimer AG's adjusted book value per share data for the three months ended in Feb. 2024 was €41.621. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €31.84 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gerresheimer AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gerresheimer AG's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gerresheimer AG Cyclically Adjusted PB Ratio Chart

Gerresheimer AG Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.20 4.44 3.35 2.49 2.79

Gerresheimer AG Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.92 3.48 3.91 2.79 3.42

Competitive Comparison of Gerresheimer AG's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, Gerresheimer AG's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gerresheimer AG's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Gerresheimer AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gerresheimer AG's Cyclically Adjusted PB Ratio falls into.



Gerresheimer AG Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Gerresheimer AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=102.40/31.84
=3.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gerresheimer AG's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Gerresheimer AG's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=41.621/123.6675*123.6675
=41.621

Current CPI (Feb. 2024) = 123.6675.

Gerresheimer AG Quarterly Data

Book Value per Share CPI Adj_Book
201405 16.334 99.263 20.350
201408 16.764 99.823 20.768
201411 17.306 99.543 21.500
201502 17.644 99.217 21.992
201505 17.378 100.417 21.402
201508 17.352 100.617 21.327
201511 19.949 99.717 24.741
201602 19.612 99.317 24.421
201605 19.598 100.617 24.088
201608 20.814 101.017 25.481
201611 23.126 100.517 28.452
201702 23.918 101.217 29.223
201705 22.733 101.817 27.612
201708 22.759 102.617 27.428
201711 23.983 102.117 29.044
201802 25.070 102.317 30.301
201805 25.619 103.917 30.488
201808 25.675 104.517 30.379
201811 27.792 104.217 32.979
201902 31.065 103.817 37.005
201905 32.840 105.418 38.525
201908 32.268 106.018 37.640
201911 29.462 105.318 34.595
202002 29.469 105.618 34.505
202005 29.200 106.018 34.061
202008 27.236 106.018 31.770
202011 28.148 105.018 33.147
202102 28.053 107.018 32.417
202105 29.033 108.170 33.193
202108 29.158 109.118 33.046
202111 31.651 110.173 35.528
202202 33.119 111.754 36.650
202205 36.493 115.760 38.986
202208 41.038 116.709 43.485
202211 39.583 119.872 40.836
202302 33.560 121.454 34.172
202305 42.004 122.824 42.292
202308 41.385 123.878 41.315
202311 41.855 123.668 41.855
202402 41.621 123.668 41.621

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Gerresheimer AG  (WBO:GXI) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Gerresheimer AG Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Gerresheimer AG's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Gerresheimer AG (WBO:GXI) Business Description

Traded in Other Exchanges
Address
Klaus-Bungert-Strasse 4, Duesseldorf, NW, DEU, 40468
Gerresheimer AG provides medicine packaging, drug delivery devices, and solutions with a product range for pharma, health, well-being, and biotech. The firm operates in three segments: The plastics and devices segment consists of products for simple and safe drug delivery along with packaging for liquid and solid medicines, The primary packaging glass segment produces glass packaging products for the pharma and cosmetics industries also for food and beverage industry and The advanced technologies segment works on technical and digital solutions to improve the therapy outcome for patients. The company generates the majority of its revenue in Europe, with sales in Germany contributing the major proportion of any country.

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